In its 21st ordinary meeting held on 9th June 2009 the Council of Ministers-CoM in Iraq decided to propose a draft law which provide every producing province (Governorate) a 50 cent for every barrel of oil produced by it. The decision was said to be a fulfilment of Article 121 sub-paragraph “Three” of the Constitution regarding equitable revenue sharing. Apart from this brief note the CoM website provides no further…
Author: Amed M. Jiyad
The Accelerated Program: A Delayed Start With Hurdles!
The interview with Mr Jabbar Al-Luaibi provides serious and damaging revelations, and could implicate top management of the Ministry of Oil-MoO on grounds of negligence, incompetence, loss of potential oil revenues and production capacity etc. The seriousness of the provided counts of events and matters calls for an independent investigation, and could very well be incorporated in the possible forthcoming questioning of the minister of oil before the Parliament. Since…